Linde (LIN) Approves Q4 Dividend

The Board of Directors of Linde plc (NYSE: LIN) has approved, subject to satisfaction of the conditions described below, the declaration of a fourth quarter 2018 dividend of $0.825 per share.

Prior to declaring and paying dividends, Linde plc is required to implement a reduction of its share capital to create distributable reserves. For this purpose, Linde plc has applied to the Irish High Court for an order approving the reduction of its share capital. Linde plc is not aware of any reason why the creation of distributable reserves would not be approved, however, the issuance of the required order is a matter for the discretion of the Court.

Subject to obtaining the requisite Irish High Court order, it is expected that the Board of Directors of Linde plc will declare the fourth quarter dividend for a December 2018 payment date.

Another press release will be issued if and when the Irish High Court has approved the capital reduction and the Board of Directors has declared the fourth quarter 2018 dividend.

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